SmartFinancial Demonstrates Strong Performance and Increased Profits, Maximizing Returns for Shareholders
Portfolio Pulse from Benzinga Insights
SmartFinancial (NASDAQ:SMBK) announced a dividend payout of $0.08 per share with an annualized yield of 1.55%. The ex-dividend date was November 10, 2023, and the dividend is payable on November 27, 2023. The company has shown a positive trend in dividend per share growth from $0.20 in 2020 to $0.28 in 2022, and earnings per share growth from $1.64 to $2.33 over the same period. Flushing Financial (NASDAQ:FFIC) has the highest annualized dividend yield in the industry at 6.25%.
November 27, 2023 | 3:05 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Flushing Financial has the highest annualized dividend yield in the industry at 6.25%, compared to SmartFinancial's 1.55%.
While FFIC is mentioned as having a higher dividend yield than SMBK, the article does not provide specific financial data or news about FFIC that would directly impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
SmartFinancial has declared a dividend of $0.08 per share, showing a consistent increase in dividends and earnings per share over the past years.
The consistent increase in dividends and earnings per share indicates a strong financial performance, which is likely to be viewed positively by investors and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100